Ming Has a Strong Work Ethic

question 260

Multiple Choice

Ming has a strong work ethic.He has worked his way up the ladder and would be considered upper middle class,which is reflected in his recent purchases.This is an example of

• A)psychological influences.
• B)social influences.
• C)personal influences.
• D)cultural influences.
• E)past experience influences.

---

Definitions:

Canadian Market

The financial and economic market within Canada, encompassing various sectors, including the Toronto Stock Exchange (TSX).

U.S. Bond Market

The financial market in which U.S. government and corporate bonds are traded, essential for investors looking for debt securities.

Mortgage Bond

A bond for which the corporation pledges certain assets as security. All such bonds are written subject to an indenture.

Debenture

An unsecured bond; as such, it provides no lien against specific property as security for the obligation. Debenture holders are, therefore, general creditors whose claims are protected by property not otherwise pledged.